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2026-04-09 12:20:04 pm | Source: Kedia Advisory
Sell Silver MAY @ 241500 SL 244000 TGT 237500-236000. MCX - Kedia Advisory
Sell Silver MAY @ 241500 SL 244000 TGT 237500-236000. MCX  - Kedia Advisory

Silver

SELL SILVER MAY @ 241500 SL 244000 TGT 237500-236000. MCX

Observations

Silver trading range for the day is 233095-250075.

Silver prices rose after the US and Iran agreed to a two-week ceasefire, reducing fears of energy-driven inflation.

Trump stated that Washington had agreed to pause attacks for two weeks and received a "workable" 10-point proposal from Iran.

Fed is expected to maintain borrowing costs this year, reversing concerns that rising inflation could force a rate hike later this year.

US private employers added an average of 26,000 jobs per week in the four weeks.

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